"US and Brent crude oil main force short army" significantly reduces CL short positions, still holding positions worth approximately $21 million

MarsBitNews · 2026-03-24T05:27:24+00:00

Due to a temporary easing of U.S.-Iran tensions, international crude oil prices have sharply declined. A certain whale has chosen to significantly reduce its xyz:CL short positions while maintaining multiple other short positions with a total value of approximately 24.94 million USDC, including approximately 5 million USD in Brent crude oil shorts.

MarsBitNews

2026-03-24 05:27:24

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Crypto News: On March 24, according to Hyperinsight monitoring, due to the temporary halt of the US-Iran conflict, international crude oil prices plummeted. However, positions related to “US and Brent crude main short positions” remain in loss. This morning, the whale chose to cut losses, significantly reducing its xyz:CL short positions, while maintaining short exposure in other holdings. Currently, the whale still holds about $21 million worth of xyz:CL short positions, with an unrealized loss of approximately $250,000. After reducing positions, it still maintains short positions in 10 different assets, with a total account position value of $24.94 million USDC, including a Brent crude oil (xyz:BRENTOIL) short position worth about $5 million.

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